BT Mark to Market: ARA H-Trust, Cromwell E-Reit get new sponsors (Ep 44)

Published Mon, Jun 10, 2024 · 05:00 AM

What can the new sponsor groups of these property trusts do to unlock value? PHOTOS: BT FILE

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New sponsors of Ara H-Trust, Cromwell E-Reit unlikely to quickly lift their depressed valuations

Stoneweg Group will become the Reit’s new sponsor following the transaction.

Cromwell E-Reit sponsor to divest all interest in managers, Reit for 280 million euros

Acrophyte Asset Management intends to acquire all 1.5 million shares in the capital of Ara Trust Management and all 50,000 shares in the capital of Ara Business Trust Management.

Property tycoon Gordon Tang and family to fully acquire ARA H-Trust’s managers, buy 19% stake in stapled group

Will rule changes better facilitate the requisition of EGMs by minority investors?

BT Mark to Market: SGX RegCo focuses on shareholder value (Ep 43)

Are Singapore’s Reits facing a cyclical downturn? Or, something more serious?

BT Mark to Market: Reits are under pressure. Is it time to invest? (Ep 42)

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BT Correspondents ara h-trust cromwell e-reit ara asset management Cromwell Property ESR Cayman Singhaiyi chip eng seng Singapore REITs

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